EURJPY WEEKLY WAVE ANALYSISEURJPY Weekly Wave Analysis.The pair is consolidated in flat correction A-B-C where wave B 110 level and wave C 137 level.After that we have wave Y which will end at 107 price zone
EURJPY trade ideas
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=117.25.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=118.25.
TP4: R2=118.65.
Set the stoploss of these orders at breakout of S2=116.85.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=116.85.
In this situation, there is an expectation to reach the target S3=115.6.
Set the stoploss of reverse orders at breakout of S1=117.25.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
double bottom in 4H possible for breakout the neck line zone waiting for break the zone to long position ,minor possible for reversal
Eur/jpy Technical AnalysisThe price has reverted back from its resistance level and if it breaks the neck line it is possible that price will come into a short down trend and it may touch the support zone.
Analysis of EURJPYHey traders,
Here is our new analysis on EURJPY.
As its clear that the trend is in sell and also accourding to our
analysis you can take a sell call by kepping tp at 118.200
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.65.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.7.
TP4: R2=121.05.
Set the stoploss of these orders at breakout of S2=119.4.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=119.4.
In this situation, there is an expectation to reach the target S3=118.4.
Set the stoploss of reverse orders at breakout of S1=119.65.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.75.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.5.
TP4: R2=120.85.
Set the stoploss of these orders at breakout of S2=119.55.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=119.55.
In this situation, there is an expectation to reach the target S3=118.65.
Set the stoploss of reverse orders at breakout of S1=119.75.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.55.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.1.
TP4: R2=120.5.
Set the stoploss of these orders at breakout of S2=119.4.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=119.4.
In this situation, there is an expectation to reach the target S3=118.5.
Set the stoploss of reverse orders at breakout of S1=119.55.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
EURJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=119.55.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=118.85.
TP4: S2=118.6.
Set the stoploss of these orders at breakout of R2=119.75.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=119.75.
In this situation, there is an expectation to reach the target R3=120.6.
Set the stoploss of reverse orders at breakout of R1=119.55.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
#EURJPY - Two Decades of Contraction .. $EURJPY Incredible contraction since last two decades and now at the exact middle point.
Something happening in JPY. Even USDJPY has a contraction, though in a smaller timeframe.
